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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2016
Jan. 02, 2016
[1]
Current assets:    
Cash and cash equivalents $ 11,521 $ 9,995
Accounts receivable, net of allowance for doubtful accounts of $149 as of July 2, 2016 and $140 as of January 2, 2016 8,450 9,282
Inventories 12,141 11,106
Prepaid expenses and other current assets 560 386
Total current assets 32,672 30,769
Property and equipment, net 1,188 1,104
Intangible assets, net 260 268
Goodwill 533 533
Deferred income taxes 8,985 8,985
Other long-term assets 107 164
Total assets 43,745 41,823
Current liabilities:    
Accounts payable 3,194 2,223
Accrued compensation 1,750 1,572
Accrued expenses 1,838 1,722
Accrued warranty 610 603
Deferred revenue 1,271 1,311
Total current liabilities 8,663 7,431
Long-term liabilities:    
Other long-term liabilities 566 704
Total liabilities 9,229 8,135
Stockholders’ equity:    
Common stock, $0.01 par value: Authorized: 30,000,000 shares; Issued and outstanding 10,117,076 and 10,009,408 shares as of July 2, 2016 and January 2, 2016, respectively 112 111
Additional paid-in capital 39,040 37,986
Accumulated deficit (4,636) (4,409)
Total stockholders’ equity 34,516 33,688
Total liabilities and stockholders’ equity $ 43,745 $ 41,823
[1] Derived from the audited consolidated financial statements included in the Annual Report on Form 10-K filed with the SEC for the year ended January 2, 2016.